06.05.16. NextDecade, LLC has filed an application with the US Federal Energy Regulatory Commission (FERC) for authorisation to site, construct and operate Rio Grande LNG.
The proposed 27 Mtpa LNG export facility would be located near Brownsville, Texas and the Rio Bravo Pipeline, a 137-mile pipeline system that will provide the facility with its feed gas. The application represents the most significant milestone to date in the development of Rio Grande LNG, positioning the project to sign offtake agreements and declare Final Investment Decision (FID) in 2017.
In November 2015, NextDecade announced that it had signed non-binding agreements for 14 Mtpa of LNG with customers from across Asia and Europe. Since then, that number has grown to 26 Mtpa.
NextDecade expects to receive authorisation from the FERC by the end of the first quarter of 2017 and expects to begin exporting LNG from Rio Grande LNG by the end of 2020.
Costing up to US$20 billion, at full build-out, the facility will be one of the largest LNG export terminals in the world.

6th May 2016